Nine Dragons Paper (Holdings)NDGPF 49 Interest Coverage is 4.05 as of Dec. 2025, which is 38% below its 10-year median of 6.53. GuruFocus rates NDGPF with a GF Score™ of 49/100 and a GF Value™ of $0.71 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 182 Forest Products companies, Nine Dragons Paper (Holdings) ranks worse than 54.95% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Nine Dragons Paper (Holdings)'s
Operating Income
for the
six
months ended in Dec. 2025 was $468 Mil. Nine Dragons Paper (Holdings)'s Interest Expense for the
six
months ended in Dec. 2025 was $-115 Mil.
Nine Dragons Paper (Holdings)'s interest coverage for the quarter that ended in Dec. 2025 was 4.05.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nine Dragons Paper (Holdings)'s Interest Coverage or its related term are showing as below:
NDGPF'
s Interest Coverage Range Over the Past 10 Years
Min: 1.77 Med: 6.53 Max: 13.77
Current: 3.43
NDGPF's Interest Coverage is ranked worse than 54.95% of 182
companies
in the Forest Products industry
Industry Median: 3.97
vs NDGPF: 3.43
Nine Dragons Paper (Holdings) (OTCPK:NDGPF) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Nine Dragons Paper (Holdings) Interest Coverage Related Terms
Nine Dragons Paper (Holdings) Interest Coverage Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Nine Dragons Paper (Holdings) Interest Coverage Chart
Nine Dragons Paper (Holdings) Interest Coverage Competitor Comparison
For the Paper & Paper Products subindustry, Nine Dragons Paper (Holdings)'s Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nine Dragons Paper (Holdings) Interest Coverage vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Nine Dragons Paper (Holdings)'s Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nine Dragons Paper (Holdings)'s Interest Coverage falls into.
Nine Dragons Paper (Holdings) Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nine Dragons Paper (Holdings) (NDGPF) has a Interest Coverage of 4.05 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nine Dragons Paper (Holdings) and its competitors. This is 38% below median its historical median of 6.53. Over the past decade, Nine Dragons Paper (Holdings)'s Interest Coverage has ranged from 1.77 to 13.77. According to the industry distribution chart, Nine Dragons Paper (Holdings) ranks #100 out of 182 companies in the Forest Products industry, placing it in the top 54.9%.
Is Nine Dragons Paper (Holdings)'s Interest Coverage too high?
Nine Dragons Paper (Holdings)'s current Interest Coverage of 4.05 is 38% below median its 10-year median of 6.53. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 13.77. The Forest Products industry median Interest Coverage is 3.97. Nine Dragons Paper (Holdings)'s value of 4.05 is 2% above this industry median. Based on the distribution chart, Nine Dragons Paper (Holdings) ranks #100 out of 182 companies in the Forest Products industry, which is below the industry midpoint. Overall, Nine Dragons Paper (Holdings) has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nine Dragons Paper (Holdings)'s Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Nine Dragons Paper (Holdings) ranks #100 out of 182 companies for Interest Coverage. This places Nine Dragons Paper (Holdings) in the lower half of its industry. The industry median Interest Coverage is 3.97. Nine Dragons Paper (Holdings)'s value of 4.05 is 2% above this benchmark. Historically, Nine Dragons Paper (Holdings)'s own Interest Coverage has ranged from 1.77 to 13.77 over the past decade. While the company's 10-year median is 6.53 vs. the industry median of 3.97, Nine Dragons Paper (Holdings) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Forest Products company?
The median Interest Coverage among Forest Products companies is 3.97, based on 182 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nine Dragons Paper (Holdings)'s current Interest Coverage of 4.05 is 2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nine Dragons Paper (Holdings) and its competitors. For the Forest Products industry, the median Interest Coverage is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nine Dragons Paper (Holdings)'s current Interest Coverage is 4.05, which is 38% below median its own 10-year median of 6.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Dragons Paper (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) (NDGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.71, compared to a current price of $0.90 — trading 26.8% above its estimated fair value. The current Interest Coverage is 4.05, which is 38% below median its 10-year median of 6.53 and 2% above the Forest Products industry median of 3.97. Nine Dragons Paper (Holdings)'s overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Nine Dragons Paper (Holdings) (NDGPF), the current Interest Coverage is 4.05 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nine Dragons Paper (Holdings) (NDGPF) Overvalued in 2026?
Based on GuruFocus' analysis, Nine Dragons Paper (Holdings) stock appears to be overvalued.
The current stock price of $0.90 is trading 26.8% above its estimated GF Value™ of $0.71.
GuruFocus considers Nine Dragons Paper (Holdings) to be Modestly Overvalued.
Key valuation signals for NDGPF:
Interest Coverage: 4.05 (38% below median its 10-year median of 6.53)
GF Value™: $0.71 vs. price of $0.90 (26.8% above fair value)
Industry Position: 2% above the Forest Products median (#100 of 182)
No single metric tells the full story. See the NDGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nine Dragons Paper (Holdings) Business Description
Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company is a pulp and paper manufacturing group specializing in the integrated production of pulp and paper, with main products including various kinds of environmentally friendly packaging paper, printing and writing paper, high-end virgin paper, and products from the entire upstream and downstream production chain. Covering the full industry spectrum, it offers kraftlinerboard, testlinerboard, white top linerboard, coated linerboard, bleached folding boxboard, high-performance corrugating medium, coated duplex board, gypsum board cover paper, and more.
49GF Score
Get the complete analysis for NDGPF
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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